A referendum - a vote in which everyone (or nearly everyone) of voting age can take part - was held on Thursday 23 June, to decide whether the UK should leave or remain in the European union .
Leave won by 52% to 48%.
The referendum turnout was 71.8%, with more than 30 million people voting. It was the highest turnout in a UK-wide vote since the 1992 general election.
What about businesses?
Big business - with a few exceptions - tended to be in favour of Britain staying in the EU because it makes it easier for them to move money, people and products around the world.
BT chairman Sir Mike Rake, a recent CBI president, said there were "no credible alternatives" to staying in the EU. But others disagreed, such as Lord Bamford, chairman of JCB, who said an EU exit would allow the UK to negotiate trade deals as our country "rather than being one of 28 nations".
Morgan Stanley sources told it had started the process of moving about 2,000 staff based in London to either Dublin or Frankfurt. Ahead of the vote, the president of the investment bank, Colm Kelleher, told Brexit would be "the most consequential thing that we've ever seen since the war", and he annouce to quit as Prime Minister
However, the pound is already falling on the foreign exchange markets. The markets think that Brexit is bad for the economy, and so investors are likely to want to move their money out of the UK.
6 ways Britain leaving the EU will affect you
The tuition of studying abroad decrease
No immediate change in immigration status
Higher inflation
Interest rates might rise
Did somebody say recession?
And we wouldn’t even get our money back
That's to say, this event will affect the world economy for long time. So at the begining of this issue, purchase some engineering products as the inventory to avoid more loss.
Hockey Shooting Pad with Rebounder/Artwork
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